The Best Way to Rob A Bank Is to Own One

The Best Way to Rob A Bank Is to Own One

How Corporate Executives and Politicians Looted the S&L Industry

Book - 2005 | 1st ed
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An expert insider's account of how financial super predators brought down an industry by massive accounting fraud.
Publisher: Austin, Tex. : University of Texas Press, 2005
Edition: 1st ed
ISBN: 9780292721395 (trade pbk.)
0292721390 (trade pbk.)
0292706383 (cloth : alk. paper)
Branch Call Number: 332.320973 BLA
Characteristics: xxii, 329 p. ; 24 cm

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StarGladiator
Feb 11, 2014

This is a great book, and I have much respect for Prof. Black, and in no way am disparaging him or his excellent book (which was published in 2005, so quite awhile back now), but all the investigations to date really demonstrate just how few honest people exist in Corporate America, and most specifically the banking sector. Sure, there were one or two honest types at Merrill Lynch, and they were most expeditiously fired! Sure, perhaps there was one honest person at Washington Mutual, and she was fired! It appears they may simply only hire dishonest people, or maybe the majority today is simply dishonest? I've never heard of any honest people at JPMorgan Chase, Goldman Sachs or Morgan Stanley, but I'm sure if there were they've long since been fired!

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